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Eurogroup chief says debt-laden Italy must reform

No need to delay respect of budget limits, says Dijsselbloem

02 April, 11:47
Eurogroup chief says debt-laden Italy must reform (ANSA) - Athens, April 2 - Eurogroup President Jeroen Dijsselbloem said Wednesday that debt-laden Italy had to introduce structural economic reforms and dismissed reports countries may be given more time to make fiscal adjustments.

"Italy has a high debt and has to undertake reforms," Dijsselbloem said after a meeting of eurozone finance ministers - the Eurogroup - in Athens. "It isn't necessary to delay respect of the budget limits".

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